Chainlink Price Update

Chainlink price has recently faced a pullback, reflecting a 4.31% decline over the past day. The LINK price currently trades at $23.45, holding near a key support level despite selling pressure.

Market Overview

Market capitalization has slipped to $15.9 billion, though daily trading volume remains resilient above $1.1 billion.

Analyst Projection

Meanwhile, an analyst is projecting a 184% rally, highlighting the potential for Chainlink to stage a parabolic breakout if bullish structures hold.